Don't rush to move your $40,000 to another account without carefully considering these four options now.
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August 27, 2026 / 1:28 PM EDT
/ CBS News
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There are multiple ways to earn a big return on your $40,000 now (and one specific one that savers should avoid).
Interest earnings on a $40,000 high-yield savings account over the next year could be robust. Here's what to know.
Opening a $40,000 5-year CD account now could be a smart choice for savers. Here's how much interest they'd earn.
Thinking of transferring $40,000 into an 18-month CD now? Here's how much interest you would earn if you did.
Have $50,000 that you're looking to grow further? Here's how much interest you can earn with four different accounts.
If you have $35,000 to move into a high-yield savings account, it helps to start with the interest-earning potential.
